Tag: banking

Hong Kong based WeLab Bank, a newly-launched digital bank, reports that its total number of clients has exceeded 100,000 (registered users). As noted in a release shared with CI: 'Riding on the strong ... ( read original story ...)

Fitch Ratings has assigned an expected rating of 'BBB(EXP)' to China Everbright Bank Company Limited's (CEB, BBB/Stab ... ( read original story ...)

Dave succeeds Surendra Rosha, who after three years is moving to Hong Kong as the co-chief executive of HSBC, Asia-Pacific. ( read original story ...)

Liao and Rosha will both be based in Hong Kong. Liao has spent 24 years at HSBC and was seen as one of the front-runners in replacing Wong, who has been crucial in steering the ba ... ( read original story ...)

Few obstacles stand in the way of China accepting a global minimum tax rate, analysts say, but the new rules could impact Hong Kong as a leading international tax haven. ( read original story ...)

China Youran Dairy Group Ltd., a Chinese dairy product maker, and its shareholder, private equity firm PAG, are seeking to raise as much as HK$6.2 billion ($799 million) in a Hong Kong initial public ... ( read original story ...)

Hong Kong's status as an international financial center is the core competency of its economy. This unique advantage makes it play a unique role in the development of the national economy. Despite the ... ( read original story ...)

Hong Kong will continue to improve its business environment and competitiveness by maintaining its simple tax system and reducing the compliance burden on companies, an official said Monday. Paul Chan ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of China (Hong Kong) Limited relating to a phishing email, which has been reported to ... ( read original story ...)

Peter Wong will become key adviser to board after signing letter on bank's behalf in favour of controversial Communist security law ... ( read original story ...)

The proposed changes may affect some of the tax concessions Hong Kong offers to various industries.. Read more at straitstimes.com. ( read original story ...)

HSBC today announced it was splitting the role of Asia Pacific CEO into two following the retirement of the current CEO of the bank’s most important division, Peter Wong. ( read original story ...)

China Youran Dairy Group is aiming to raise up to $800 million in its Hong Kong IPO by pricing its shares at between $HK6.98 to $HK8.66 each, according to regulatory filings on Monday. HONG KONG, June ... ( read original story ...)

By P.R. Venkat China Youran Dairy Group is planning to raise close to US$800 million through an initial public offering in Hong Kong, joining the list ... ( read original story ...)